This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Carmaxx / KMXOption Strategy: Iron CondorTrade entry date: 19 Dec 2019Price at this post: $98.76 Reasoning: We’re putting on a trade that benefits should KMX not move up or down more than 4% following its earnings announcement tomorrow […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Marvell Tech / MRVLOption Strategy: Synthetic Long Trade entry date: 12 Dec 2019Price at this post: $25.60 Reasoning: MRVL has recently held nicely at the $23 range support level and looks to be moving steadily upward, so we’re […]
Stock / Symbol: lululemon / LULUOption Strategy: Iron Condor Original post date: 11 Dec 2019Price at this post: $220 Update: We didn’t get filled on our order yesterday, so there’s nothing to do but look for the next trade. Too bad though, with LULU trading well within our range of $200 to $262.50, looks like […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: lululemon / LULUOption Strategy: Iron Condor Trade entry date: 11 Dec 2019Price at this post: $233.80 Reasoning: The street is expecting a move of +/- 17.6 points following LULU’s earnings announcement this afternoon. We’re putting an Iron Condor […]
Stock / Symbol: S&P 500 / SPXOption Strategy: Bear Call spreadTrade entry date / price: 25 Oct 2019 / $3008Price at this adjustment: $3149.52 Reasoning: With our position still ITM, we’re going to roll a bit up and out to the Dec 20th expiring options. After this adjustment, our position’s Greeks will be: -1.5 Delta, […]
Stock / Symbol: Zscaller / ZSOption Strategy: Double CalendarTrade entry date / price : 03 Dec 2019 / $51.75Price at this post: $46.85 Update: Our order to close the entire position didn’t get filled, so we’re going to just sell the long put here and let everything else expire worthless. Trade Exit Details: STC 1 […]
Stock / Symbol: Zscaller / ZSOption Strategy: Double CalendarTrade entry date / price : 03 Dec 2019 / $51.75Price at this post: $48.52 Reasoning: While ZS is down significantly following its earnings announcement yesterday, it’s still not enough of a move to make the trade profitable. We’re going try to close out the trade here […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: Zscaller / ZSOption Strategy: Double CalendarTrade entry date: 03 Dec 2019Price at this post: $51.75 Reasoning: Putting a delta neutral trade on ZS that benefits from a big move in either direction following ZS’s earnings announcement this afternoon. […]
Stock / Symbol: SmallCap 3x Bull / TNAOption Strategy: Bear Call spreadTrade entry date / price: 22 Nov 2019 / $62.35Price at this adjustment: $66.59 Reasoning: With TNA pulling back, we’re re-selling the short call as planned. Trade Adjustment Details: STO 1 TNA 20Dec19 68 call for a min net credit of $1.80 per contract […]
This post is restricted to paying members. To follow are specific new trade details: Stock / Symbol: SmallCap 3x Bull / TNAOption Strategy: Bear Call spreadTrade entry date / price: 22 Nov 2019 / $62.35Price at this adjustment: $68.06 Reasoning: With our upside stop triggered at $68, we’re going to adjust the position to benefit […]